People in Wisconsin can enjoy financial stability, affordable healthcare, and a long lifespan. No wonder the World Population Review ranked it among the best states for quality of life in 2022.
However, personal injury accidents also occur in the state, disrupting lives and causing significant financial instability to people. In 2022, the Wisconsin Department of Transportation reported 128,830 crashes, with 25,071 resulting in severe injuries. These injuries usually lead to mounting medical bills, lost wages, and other financial burdens that can be overwhelming for victims.
If you are facing a similar situation, Pinnacle Legal Funding is here to help. We have provided pre-settlement funding to many people to help them deal with their personal injury lawsuits and overcome financial crises. We can provide you with the financial assistance you need at this difficult time.
Understanding Pre-settlement Funding in Wisconsin
A pre-settlement fund is a portion of the future settlement amount that you expect to receive after winning your lawsuit. In simpler terms, it’s financial assistance provided to you early when you need it the most. So you can manage all the financial difficulties arising from your injuries.
Although sometimes referred to as Wisconsin lawsuit loans, pre-settlement loans, or pre-settlement lawsuit loans, it’s crucial to distinguish its nature. It’s a non-recourse fund, and we do not require you to repay it if the court does not direct a verdict in your favor. We expect you to repay it only if you win your lawsuit and receive damages. So, you will not be taking another Wisconsin lawsuit loan that will add another layer of mental pressure.
Furthermore, Wisconsin stands out as one of the few states with dedicated laws governing pre-settlement funding that aim to protect borrowers. In contrast, other states rely on general laws, such as consumer protection laws, which apply to lawsuit settlement funding but don’t have specific regulations.
Additionally, Wisconsin imposed limits on lawsuit settlement loans to ensure lenders treat consumers fairly.
How Does Pre-settlement Funding Assist You in Overcoming Financial Challenges?
You can use pre-settlement funds to pay all expenses arising from your personal injury accident. It grants you access to funds precisely when you need them, bridging the financial gap from the moment injuries occur to eventual compensation.
Pre-settlement funding can help you pay for the following:
- Medical bills, covering hospital stays, surgeries, medications, and rehabilitation.
- Funeral expenses, including memorial services and burial or cremation costs.
- Daily living expenses such as rent, groceries, and utility bills.
- Costs associated with therapy and counseling services.
- Court and attorney fees.
- School, tuition, and childcare fees.
- Existing debt obligations such as credit card bills.
- Other expenses you might use the funds for.
How to Receive Pre-settlement Funding
Receiving pre-settlement funding depends on the specifics of your case and the company you receive pre-settlement funding from. At Pinnacle Legal Funding, our procedure for granting a pre-settlement fund is straightforward.
Initial Contact or Application
You can send us a message by filling out a simple form on our website. It takes less than a minute. Alternatively, you can call us if you prefer not to fill out the contact form. Our representative will answer your questions and guide you through the process.
Evaluation of Your Case
After receiving the application, we will assess your case to determine its potential strength. In other words, we learn the essentials of your case before granting funds. Here’s what we look for to determine the strength of your case:
- Existence of personal injury lawsuit
There must be a viable personal injury lawsuit. We familiarize ourselves with your situation and try to understand how the accident occurred to ascertain if you are eligible to file a lawsuit and seek damages. Most accident cases have the potential for a personal injury claim. We need to ensure that a personal injury lawsuit exists and you are the right person to pursue it.
- Viability of your case
At Pinnacle, our team includes experienced personal injury lawyers who offer valuable and reliable opinions on personal injury cases. They analyze your case to learn its strengths, weaknesses, and expected settlement amount.
Our commitment to assisting as many people as possible drives us to have attorneys with significant experience. They leverage their expertise to provide the most accurate and comprehensive evaluation of your case, offering insights that closely align with the expected outcome.
- Cooperation with your Attorney
In most personal injury cases, when people apply for pre-settlement funding, they typically have already retained an attorney to represent them in their lawsuit. So, if you already have legal representation, we will collaborate with them to gain insights into your case.
Moreover, we will also assess your attorney’s experience, track record of success, and reputation to ensure all parties are on the same page and working towards the best possible outcome for your case.
- Insurance policies involved
While evaluating your case, our attorneys also figure out all the insurance policies the defendant is carrying and which can cover your damages. It helps us anticipate the likelihood of a settlement in your case.
Approval of Fund
After evaluating all aspects of your case, we determine whether to approve your fund request or deny it. As mentioned before, Pinnacle is dedicated to assisting as many people as possible during financial crises, but approving your request depends on the potential of your case.
If your request is approved, we will provide you with a figure that can cover all your expenses. Once you accept our offer and the agreement is finalized between us, we will release the funds. It usually takes 24 hours to credit the approved amount to your bank account.
Choose Pinnacle Legal Funding for Your Wisconsin Personal Injury Lawsuit Funding
Pinnacle Legal Funding has been in the industry for a long time, and our representatives empathize with the financial challenges and emotional pain you may be experiencing. We operate nationwide and have helped numerous injured victims in Wisconsin regain financial stability.
Listen to what Wisconsin residents have to say about us:
“Being a victim of a car accident, life is never the same. Many fail to remember that life goes on. You still need to work, deal with your injuries, and pay the bills. Thankfully, while our case was pending, Pinnacle Legal Funding was able to be of great help to us. This was a decision that we made, and to this day, we do not regret it. Thank you Robert for all your help and wisdom.” – Marilu Mozo and Andry E.
When you proceed with Pinnacle Legal funding, you can expect the following benefits:
Quick and Easy Process
Our entire process is designed to be simple, fair, and transparent. Pinnacle’s representatives focus on stabilizing your life and will guide you throughout the entire process.
No Hidden Cost
Our fund allocation process is transparent and straightforward and does not involve any hidden costs.
Unlike other companies that offer recourse, hybrid funding options, or lawsuit loans in Wisconsin, our fund is non-recourse and protects your best financial interests in the future. In other words, you won’t need to repay non-recourse funds if the outcome of your case does not turn out to be favorable to you.
We don’t impose compound or variable rates like every other company providing a pre-settlement cash advance in Wisconsin. We charge simple interest, and our rates are fixed.
Connect With Pinnacle Legal Funding for Your Wisconsin Personal Injury Lawsuit Funding
If you have sustained injuries in an accident in Wisconsin and are considering a pre-settlement loan, Pinnacle Legal Funding is here for you. Contact us online or call us at 1-877-4438-634 today to discuss your case and explore how we can be your trusted partner in securing the financial support you deserve.